Skip to main content

Healthcare Business Intelligence (BI) Platform Market to Reach US$3.91 bn by 2023

North America was the largest revenue contributor in 2014 and accounted for 47.8% of the global healthcare BI platform market revenue. Increased healthcare expenditure and need to reduce cost is the key factor fuelling the growth of the healthcare BI platform market. The market has witnessed rising demand for cloud BI platforms owing to its cost-effectiveness and efficient delivery methods.                                                                    

North America is expected to be the fastest growing and the largest revenue contributing healthcare BI platform market over the forecast period. Healthcare providers improve patient outcomes, cut expenses, and analyze treatment effectiveness with the help of healthcare BI platforms, efficiently utilizing operational, patient, and other data. Cost reduction factor has a high impact on adoption of BI platforms in the healthcare industry which would help boost the growth rate of the healthcare BI platform market over the forecast period.
Obtain Report Details @
Strategic collaborations and focus on latest trends in the market such as cloud solutions and self-service BI are some of the key strategies adopted by leading players in the healthcare BI platform market. The financial analytics segment accounted for the largest portion of the healthcare BI platform market revenue share (35.0%) in 2014. SMEs are finding ways to successfully deploy cloud BI systems which will boost their competitiveness.
Cloud BI is expected to grow at the highest CAGR over the forecast period from 2015 to 2023. Self-service BI is expected to be the fastest growing model type in the healthcare BI platform market over the forecast period from 2015 to 2023. Increasing demand for decentralized data, speed, and diversity is boosting the demand for this segment.
This 86 page report gives readers a comprehensive overview of the Healthcare BI Platform Market. Browse through Table .
The report analyses the global healthcare BI platform market and provides estimates in terms of revenue (US$ Mn) from 2013 to 2023. Market estimates are provided for different segments, categorized on the basis of function, deployment type, model type, and geographies. The market has been segmented as follows:
Segmentation of Global Healthcare BI Platform Market
Global Healthcare BI Platform Market, by Function

Clinical Analytics

Financial Analytics

Operational Analytics

Others (Regulatory Reporting, etc.)

Global Healthcare BI Platform Market, By Deployment Type

On-premise

Cloud

Global Healthcare BI Platform Market, By Model Type

Self-service BI

Corporate BI

Global Healthcare BI Platform Market, By Geography

North America

Europe

Asia Pacific

Middle East and Africa (MEA)

Latin America

Get Sample copy of the Report @
Mobile BI, cloud BI, self-service BI, and social BI are the trends observed in the healthcare BI platform market. Currently, financial analytics function is acting as a key driver for the growth of the healthcare BI platform market.
The healthcare BI platform market is expected to see strong growth during the forecast period as traditional systems are expected to be replaced by new technologically advanced systems in response to government regulations such as Affordable Care Act (2010). The increasing healthcare expenditure and hence the need to use technology for cost reduction, while keeping the quality care intact is boosting the healthcare BI platform market. Currently, North America dominates the global healthcare BI platform market in terms of revenue and it is expected to continue witnessing the highest growth over the forecast period.
Major players in the healthcare BI platform market include SAP SE, IBM Corporation, Oracle Corporation, Microsoft Corporation, SAS Institute, Inc., OpenText Corporation, and Information Builders. Focus on emerging trends and strategic collaborations are some of the strategies adopted by leading players in the healthcare BI platform market.
Labels:

Comments

Post a Comment

Popular posts from this blog

Aerospace Window Frame Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast

Aerospace window frames are used in the cockpit windshields and passenger cabin windows to provide rigidity to the windows. Metal window frame is used widely in aircrafts. Increase demand of cockpit windshield frame in different countries such as India, Brazil and China among others is the one of the major factor boosting the market for aerospace window frame during the forecast period of 2017 – 2025. Based on aircraft type, the global aerospace window frame market is segmented into wide body aircraft, narrow body aircraft, very large aircraft, general aviation and regional aircraft. Among various aircraft types, in 2016, the wide body aircraft segment is estimated to be the major market followed by very large aircraft and expected to be the same during the forecast period of 2017 – 2025. Increasing regional and commercial aircraft deliveries is expected to be one of the major factor fueling the regional aircraft segment in global aerospace window frame market during the fo...
Post a Comment
Read more

Signal Diode Market: An Insight On the Important Factors and Trends Influencing the Market

The electronic devices such as portable communications, video equipment and computing devices are challenging the semiconductor industry to design, develop and manufacture the small electronic components. The  signal diodes  are the nonlinear semiconductor devices used in electronics circuits where high frequencies or small current is required. They are made to carry upto several KA of current when forward biased and are bale to block the KV when reverse biased. Signal diodes are also called as point contact diode, switching diode and glass passivated diode and are smaller is size as compared to other types of diodes. The signal diode is enclosed in a glass like structure to protect the PN junction. The signal diode has red and black color band at one end of the diode to identify the cathode terminal. The small signal diodes are characterized by the low power and current ratings. These signal diodes have various applications in digital communications and signal processing....
Post a Comment
Read more

3D Printing Market: Opportunity Analysis and Industry Forecast upto 2025

Presence of several large and small players has rendered vendor landscape in the  global 3D printing market  highly fragmented. As these companies rival in terms of innovation, the market is expected to witness launch of various improvements and upgrades in the coming years. According to a new study by Transparency Market Research (TMR), Solidscape, Inc., EOS GmbH, and Stratasys, Ltd. emerged as dominant players in the global 3D printing market in 2016. These companies enjoy a widespread geographic presence, which has helped them stay ahead of the curve. Some of the other prominent enterprises in the global 3D printing market are ExOne GmbH, Concept Laser GmbH, SLM Solutions GmbH, Optomec, Voxeljet Technology GmbH, and Arcam AB. As per TMR, the global 3D printing market will rise at an impressive 18% CAGR between 2017 and 2025. At this pace the market will reach US$32.3 bn 2025 from US$7.3 bn in 2016. The global 3D printing market is still at its budding stage hence with the...
Post a Comment
Read more